DelistingMay 12, 2026, 04:14 PM
Beauty Health Co Gets Nasdaq Delisting Notice for Sub-$1 Bid Price
AI Summary
Beauty Health Co (SKIN) received a notification from Nasdaq on May 8, 2026, indicating non-compliance with the Minimum Bid Price Requirement, as its Class A Common Stock traded below $1.00 for 30 consecutive business days. The company has 180 calendar days, until November 4, 2026, to regain compliance by maintaining a closing bid price of at least $1.00 for ten consecutive business days. The stock will continue to trade on The Nasdaq Capital Market during this period, and the company intends to monitor its stock price and explore options to resolve the deficiency.
Key Highlights
- Received Nasdaq delisting notice on May 8, 2026, for non-compliance with Minimum Bid Price Requirement.
- Common Stock bid price was less than $1.00 for 30 consecutive business days (March 26 - May 7, 2026).
- Company has 180 calendar days, until November 4, 2026, to regain compliance.
- To regain compliance, the closing bid price must be at least $1.00 for a minimum of ten consecutive business days.
- The stock will continue to trade on Nasdaq under "SKIN" during the compliance period.
- Company may be eligible for an additional 180-day compliance period if certain conditions are met.